Futures Edge To The Fore

The National Stock Exchange Nifty futures followed the cash segment, which ended over two per cent higher. September futures rose but were still at a discount to the underlying shares.

In fact, all the three futures closed at a discount to the underlying shares, while the far month futures actually closed lower.

Open interest in the September futures increased by 45 per cent. In the index options segment the highest trades were in the Nifty September calls at 1000 which saw 344 contracts being traded. Among puts the highest volumes was in the Nifty September put at 990.

In the stocks options segment Satyam was the counter most in demand. Its September call at 240 saw 795 contracts being traded and topped the list. The top three strikes belonged to Satyam. Reliance was the other stock option in the top. In the stock futures segment too, Satyam was the most-traded scrip.